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20 Microns IPO Subscription Status

20 Microns IPO was subscribed 4.29 times when bidding closed on 11 Sep 2008: QIB 0.9x, NII 1.98x, Retail 10.59x.

The 20 Microns IPO has been subscribed 4.29x times overall. Retail investors have shown interest with bids for 10.59x the shares available. The Non-Institutional Investor (NII) category has been subscribed 1.98x. Qualified Institutional Buyers (QIBs) have subscribed 0.9x. Data last updated on 12 Nov, 08:16 PM.

The IPO subscription period has ended. The issue opened on 08 Sep, 2008 and closes on 11 Sep, 2008. The shares are expected to list on stock exchanges on 06 Oct, 2008.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 12 Nov 2026, 08:16 PM
Category Bid details Times
QIB - of - - 0.9x
NII - of - - 1.98x
Retail - of - - 10.59x
Employee - of - - 1.18x
TOTAL - - 4.29x
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20 Microns IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 10
~9.4% chance per PAN — based on 10.59x subscription. Winners get exactly 1 lot (₹5,500) by SEBI lottery, however many lots you bid.
NII / HNI (above ₹2 L)
1 out of 2
~50.5% chance — lottery allots the minimum application per winner (SEBI NII rule since 2022).
QIB (institutions)
0.9x
Proportionate allotment — at 0.9x, institutions receive ~100% of their bid. No lottery; not open to individual investors. QIBs still building position — they typically flood in after 3 PM on the final day.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 9.4% for a single lot.

Day-wise subscription history

End-of-day subscription across the 1-day bidding window. On phones, tap a day for the category split.

Date Total
11 Sep 2008
Day 1
4.29x ▼
QIB0.9x BHNI- SHNI- Retail10.59x Employee1.18x

20 Microns IPO dates

From the bidding window to listing. Today is 13 November.

Key dates Listed
  1. Open 08 Sep 2008
  2. Close 11 Sep 2008
  3. Allotment TBA
  4. Refund/credit TBA
  5. Listing 06 Oct 2008

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of 20 Microns IPO?

As of IPO close date (11 Sep, 2008), the 20 Microns IPO is subscribed 4.29x times. Retail category is 10.59x, and NII is 1.98x subscribed.

When will 20 Microns IPO list on the stock market?

20 Microns is scheduled to list on BSE and NSE on 06 October, 2008.

What are the chances of getting allotment in 20 Microns IPO?

The retail category is oversubscribed at 10.59x, meaning allotment is by lottery. Statistically, approximately 1 in 11 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 0.9x mean for 20 Microns IPO?

QIBs have subscribed 0.9x so far. Institutional participation is still building — expect movement in the final hours of subscription.

Explore 20 Microns IPO further

Track every stage of this IPO, from subscription to listing.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
4.29x
QIB
0.9x
NII
1.98x
Retail
10.59x
Full IPO details
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